Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
Need help plugging this into excel. Bright star Bank pays a nominal annual(quoted) interest rate of 9.16%, compounded quarterly on your savings
Need help plugging this into excel. Bright star Bank pays a nominal annual(quoted) interest rate of 9.16%, compounded quarterly on your savings account. Calculate the effective annual rate, or EAR? round the answer to two decimal places?
